{"id":3036,"date":"2024-10-01T12:03:02","date_gmt":"2024-10-01T12:03:02","guid":{"rendered":"https:\/\/investingsstrategist.com\/index.php\/2024\/10\/01\/apecoin-and-akita-inu-apecoin-drops-to-a-new-low-on-monday\/"},"modified":"2024-10-01T12:03:02","modified_gmt":"2024-10-01T12:03:02","slug":"apecoin-and-akita-inu-apecoin-drops-to-a-new-low-on-monday","status":"publish","type":"post","link":"https:\/\/investingsstrategist.com\/index.php\/2024\/10\/01\/apecoin-and-akita-inu-apecoin-drops-to-a-new-low-on-monday\/","title":{"rendered":"ApeCoin and Akita Inu: ApeCoin drops to a new low on Monday"},"content":{"rendered":"<div>\n<div><\/div>\n<h1>ApeCoin and Akita Inu: ApeCoin drops to a new low on Monday<\/h1>\n<p><span>We saw the new September high price of ApeCoin on Saturday at the 0.874 level<\/span><br \/>\n<span>The price of Akita Inu rose to 0.00000009845 on Friday, hitting a new high<\/span><\/p>\n<h2>ApeCoin chart analysis<\/h2>\n<p><span>We saw the new September high price of ApeCoin on Saturday at the 0.874 level. We stayed up there for a short time because a bearish consolidation was quickly initiated and a drop to the 0.800 level. Then, on Saturday, we saw the first recovery to 0.840, where ApeCoin encountered new resistance and formed a lower high. On Sunday, the price once again tried to break through the resistance zone, but to no avail.<\/span><\/p>\n<p><span>Strengthening bearish <a href=\"https:\/\/www.financebrokerage.com\/safemoon-and-litecoin-targets-and-prices-for-the-week\/\">momentum<\/a> pushed the price of ApeCoin to a new low of 0.776 on Monday. We are currently holding in that zone and could see a slight recovery tonight. Potential higher targets are 0.790 and 0.800 levels. For a bearish option, we need a negative price consolidation below the 0.770 level. With that step, we will move to a new weekly low and thus confirm the continuation to the bearish side. Potential lower targets are 0.760 and 0.750 levels.<\/span><\/p>\n<\/p>\n<p>\u00a0<\/p>\n<h2>Akita Inu chart analysis<\/h2>\n<p><span>The price of Akita Inu rose to 0.00000009845 on Friday, hitting a new high. Later in the day, we saw the initiation of a bearish consolidation down to the 0.00000008500 support zone. Over the weekend, the price was in a sideways consolidation with the support of the EMA 200 moving average. Monday brought new volatility and a drop below the moving average and the 0.0000008200 level. We didn\u2019t manage to stop there either; the Akita Inu price fell to 0.00000007800, a new weekly low.<\/span><\/p>\n<p><span>After that, the price slowed down and was maintained in the support zone. With the new impulse, we will see the formation of a new weekly low and confirmation of bearish pressure on the price. Potential lower targets are the 0.00000007600 and 0.00000007400 levels. For a bullish option, the Akita Inu price must return above the 200 EMA and 0.00000008400 level. With that step, we will have a new opportunity to connect to the bullish side. Potential higher targets are the 0.00000008600 and 0.00000008800 levels.<\/span><\/p>\n<\/p>\n<p>\u00a0<\/p>\n<p>The post <a href=\"https:\/\/www.financebrokerage.com\/apecoin-and-akita-inu-apecoin-drops-to-a-new-low-on-monday\/\">ApeCoin and Akita Inu: ApeCoin drops to a new low on Monday<\/a> appeared first on <a href=\"https:\/\/www.financebrokerage.com\/\">FinanceBrokerage<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>ApeCoin and Akita Inu: ApeCoin drops to a new low on Monday We saw the new September high price of ApeCoin on Saturday at the 0.874 level The price of Akita Inu rose to 0.00000009845 on Friday, hitting a new high ApeCoin chart analysis We saw the new September high price of ApeCoin on Saturday [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":3037,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-3036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts\/3036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/comments?post=3036"}],"version-history":[{"count":0,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts\/3036\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/media\/3037"}],"wp:attachment":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/media?parent=3036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/categories?post=3036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/tags?post=3036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}